topic Re: Credit Karma overall credit grade = C in Understanding FICO® Scoringhttp://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Credit-Karma-overall-credit-grade-C/m-p/1633090#M66737
<P>FAKO is as FAKO does. It probably take your score and compares it to an average of their FAKO. I think the grades are based off TransRisk as opposed to VantageScore because the grades were there with TransRisk before they introduced VantageScore.</P>Tue, 09 Oct 2012 14:23:25 GMTllecs2012-10-09T14:23:25ZCredit Karma overall credit grade = Chttp://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Credit-Karma-overall-credit-grade-C/m-p/1633082#M66736
<P>So this is peculiar: CK says my overall credit grade is C, yet the component grades ars as follows:</P><P>Credit Card Utilization = A</P><P>Percent of On-Time Payments = A</P><P>&nbsp;Average Age of Open Credit Lines = C</P><P>&nbsp;Total Accounts = A</P><P>&nbsp;Hard Credit Inquiries = B</P><P>&nbsp;Derogatroy Marks = A</P><P>&nbsp;</P><P>How does that possibly come out to an overall grade of C?</P>Tue, 09 Oct 2012 14:11:31 GMThttp://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Credit-Karma-overall-credit-grade-C/m-p/1633082#M66736hateAshbury2012-10-09T14:11:31ZRe: Credit Karma overall credit grade = Chttp://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Credit-Karma-overall-credit-grade-C/m-p/1633090#M66737
<P>FAKO is as FAKO does. It probably take your score and compares it to an average of their FAKO. I think the grades are based off TransRisk as opposed to VantageScore because the grades were there with TransRisk before they introduced VantageScore.</P>Tue, 09 Oct 2012 14:23:25 GMThttp://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Credit-Karma-overall-credit-grade-C/m-p/1633090#M66737llecs2012-10-09T14:23:25ZRe: Credit Karma overall credit grade = Chttp://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Credit-Karma-overall-credit-grade-C/m-p/1633244#M66746
<P>It is a complete waste of time, and likely misleading, to look at the scores from CK. My CK Credit Score is A but my real FICO is slightly below the median, which should mean a C.</P><P>&nbsp;</P><P>The CK VantageScore has a&nbsp;tiny, tiny&nbsp;amount of usefullness. Unless you really know the details, it is useless for most people.</P>Tue, 09 Oct 2012 15:59:31 GMThttp://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Credit-Karma-overall-credit-grade-C/m-p/1633244#M66746GregB2012-10-09T15:59:31Z